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ECOM 201 Saudi Electronic University Gross Domestic Product Discussion

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read the following statements and explain using what you have learned such as productivity, production, components of GDP and GDP growth. Then link that to the attached tables:

What happened to GDP in general and GDP by economic activity in Table 1 or Table 4 (Table 4 is easier) during the pandemic? Which sector has been hardest hit during the pandemic and why do you think this sector is the hardest hit?

One of the most important goals of Vision 2030 is to shift production in the Kingdom of Saudi Arabia from relying mostly on oil to diversifying its production, do you think we are going in the goal of diversifying production by looking at tables 15 and 16 (table) It is easy to see Figure 16 because it shows growth) from 2018 to 2021. You can also see Tables 8 and 10 for the annual data.

Remember that what you have learned about national income (GDP) Y = C + I + G + NX is exactly the same components given in Table 17 or 18 and some other tables.

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